On July 22, 2025, Raymond James analyst J.R. Weston released an update on ONEOK (OKE, Financial), maintaining the stock's rating at "Outperform." Despite holding the current rating, the firm adjusted its price target for ONEOK, lowering it from $115.00 to $110.00 USD. This change represents a 4.35% decrease from the prior target.
The decision to adjust the price target follows the company's ongoing market performance and current financial metrics. As ONEOK (OKE, Financial) continues to navigate the evolving energy sector, stakeholders and potential investors might consider how this revised target could influence the stock's valuation in the near term.
ONEOK (OKE, Financial) remains a key player in the field, with its operations spanning natural gas and natural gas liquids processing and transportation. As the market assesses the implications of Raymond James' new price target, the "Outperform" rating suggests a continued confidence in ONEOK's ability to deliver above-average returns compared to its industry peers.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 17 analysts, the average target price for ONEOK Inc (OKE, Financial) is $103.30 with a high estimate of $147.00 and a low estimate of $87.00. The average target implies an upside of 28.34% from the current price of $80.49. More detailed estimate data can be found on the ONEOK Inc (OKE) Forecast page.
Based on the consensus recommendation from 20 brokerage firms, ONEOK Inc's (OKE, Financial) average brokerage recommendation is currently 2.1, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for ONEOK Inc (OKE, Financial) in one year is $76.57, suggesting a downside of 4.87% from the current price of $80.4901. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the ONEOK Inc (OKE) Summary page.
